Traditional retirement savings strategies are fast becoming a thing of the past – social security is just about all we've got
It's time to discuss raising social security payments.
What? Aren't the talking heads in Washington trying to cut social security?
Right you are. Their idea is that social security is running out of money, and that unless we raise the age of eligibility, cut benefits, or preferably both, the system will collapse on...Read more.
Republicans insist the government is spending too much on social security. Their solution? Something called chained CPI
Here is one of the problems in retirement planning: you can go along for years, faithfully using retirement calculators, re-balancing your stock market investments, reading your estimated social security payouts, just sure you are on track and – well, poof! – the rules of the game can change in an instant.
And, apparently, the United...Read more.